Bernie Ecclestone

2022 - 7 - 11

Post cover — Image courtesy of "The Guardian"

Bernie Ecclestone charged with fraud over £400m assets (The Guardian)

Former Formula One boss to appear in court in August after HMRC investigation, says CPS.

“HMRC is on the side of honest taxpayers and we will take tough action wherever we suspect tax fraud,” York said. It is extremely important that there should be no reporting, commentary or sharing of information online which could in any way prejudice these proceedings.” Ecclestone, 91, ran Formula One, the world’s most lucrative motorsports tournament, almost single-handedly for 40 years until it was taken over by Liberty Media in 2017.

Ex-F1 boss Bernie Ecclestone facing fraud charge over £400m of ... (North Wales Pioneer)

The charge against the 91-year-old was authorised by the Crown Prosecution Service (CPS) on Monday following an investigation by Revenue and Customs (HMRC).

“HMRC is on the side of honest taxpayers and we will take tough action wherever we suspect tax fraud. Andrew Penhale, Chief Crown Prosecutor, said: “The CPS has reviewed a file of evidence from HMRC and has authorised a charge against Bernard Ecclestone of fraud by false representation in respect of his failure to declare to HMRC the existence of assets held overseas believed to be worth in excess of £400m. The charge against the 91-year-old was authorised by the Crown Prosecution Service (CPS) on Monday following an investigation by Revenue and Customs (HMRC).

Bernie Ecclestone charged with fraud over assets worth £400m (Telegraph.co.uk)

The 91-year-old former Formula One boss is said to have 'concealed' millions that were uncovered in 'complex and worldwide' investigation.

“We can confirm that a fraud by false representation charge has been authorised against Bernard Ecclestone,” he said. “This follows a complex and worldwide criminal investigation by HMRC’s Fraud Investigation Service. Earlier this month, he gave a controversial TV interview from Ibiza in which he said he would “take a bullet” for Vladimir Putin.

Ex-F1 boss Bernie Ecclestone charged with fraud over £400m (ESPN)

Former Formula One supremo Bernie Ecclestone has been charged with fraud over a failure to declare more than £400 million ($477m) in assets he held overseas ...

Bernie Ecclestone, Former F1 Boss, Faces Fraud Charge in UK (The Wall Street Journal)

Former Formula One boss Bernie Ecclestone is facing a fraud charge in the U.K. for allegedly not disclosing more than £400 million ($475 million) in overseas assets to tax authorities, according to British prosecutors. The charge of fraud by false ...